This is an archived release.
Weaker growth in manufacturing turnover
Seasonally adjusted figures show an increase of 2.4 per cent in turnover for Norwegian manufacturing in the period June to August, compared with the previous three months. This is a somewhat lower growth rate compared with the period Mars to May, when the growth was 3.5 per cent.
Total turnover in Norwegian manufacturing amounted to NOK 530 billion in August, according to unadjusted figures. This is an increase of 15.7 per cent compared with the same period last year. The domestic and export market contributed likewise to this development.
Seasonally adjusted figures show that turnover in intermediate goods, capital goods and consumer goods have increased in the last three-month period
Still increase in consumer goods
Turnover of consumer goods had an increase of 7.5 per cent compared with the previous three-month period, according to seasonally adjusted figures. The major contributor to this group, food products increased its turnover by 12 per cent.
Intermediate goods and capital goods showed a weaker increase
Turnover of intermediate goods and capital goods increased both by 2.2 per cent compared to the last three-month period. Demand in the export market by 4.5 contributed to the slight increase in intermediate goods. While domestic market contributed to capital goods with an increase by 3.1 per cent.
|Statistics on turnover of oil and gas extraction, mining and quarrying, manufacturing, electricity and gas supply. August 2007|
|Original series1January-August 07||Changes in per cent January-August 06 - January-August 07||Original series1August 2007||Changes in per cent August 06 - August 07||Changes in per cent. Seasonally adjusted. Mars.07 - May.07 - June.07 - August.07|
|The overall turnover||944 033||0.4||123 100||3.9||1.6|
|Oil and Gas Extraction||355 963||-5.3||45 324||0.2||-1.4|
|Manufacturing||529 667||15.7||71 339||16.5||2.4|
|Domestic Market||324 010||15.8||46 975||26.3||-0.6|
|Export Market||205 657||15.5||24 364||1.2||5.6|
|Electricity, Gas and Steam Supply||50 470||-49.4||5 129||-52.7||8.8|
|Main industrial groupings|
|Intermediate goods||201 468||18.9||26 750||16.1||2.2|
|Capital goods||155 540||22.0||20 839||26.7||2.2|
|Consumer goods||132 554||7.5||18 539||14.5||7.5|
|Energy goods||454 473||-12.7||56 972||-9.3||-1.7|
Find detailed figures from Turnover in oil and gas, manufacturing, mining and electricity supply